ProShares Russell 2000 High Income ETF (BATS:ITWO) Stock Short Interest Climbs 64.4%

ProShares Russell 2000 High Income ETF (BATS:ITWO) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 3,233 shares, a growth of 64.4% from the September 30th total of 1,966 shares. Based on an average daily trading volume, of 25,068 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are sold short.

ProShares Russell 2000 High Income ETF Stock Performance

ITWO stock opened at $43.29 on Monday. The stock’s 50 day simple moving average is $43.90 and its 200 day simple moving average is $43.60. The company has a market cap of $56.28 million and a P/E ratio of 17.43. ProShares Russell 2000 High Income ETF has a fifty-two week low of $37.09 and a fifty-two week high of $47.19.

Hedge Funds Weigh In On ProShares Russell 2000 High Income ETF

A number of large investors have recently modified their holdings of ITWO. Integrated Wealth Concepts LLC raised its holdings in ProShares Russell 2000 High Income ETF by 22.6% during the second quarter. Integrated Wealth Concepts LLC now owns 9,691 shares of the company’s stock worth $455,000 after buying an additional 1,788 shares during the last quarter. Endeavor Private Wealth Inc. grew its holdings in shares of ProShares Russell 2000 High Income ETF by 5.8% during the second quarter. Endeavor Private Wealth Inc. now owns 11,489 shares of the company’s stock valued at $540,000 after buying an additional 630 shares during the last quarter. Rothschild Capital Partners LLC bought a new stake in shares of ProShares Russell 2000 High Income ETF during the second quarter worth about $1,025,000. Hennion & Walsh Asset Management Inc. increased its position in shares of ProShares Russell 2000 High Income ETF by 4.7% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 220,650 shares of the company’s stock worth $10,362,000 after acquiring an additional 9,907 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its position in shares of ProShares Russell 2000 High Income ETF by 34.0% during the first quarter. Sunbelt Securities Inc. now owns 7,907 shares of the company’s stock worth $315,000 after acquiring an additional 2,007 shares in the last quarter.

ProShares Russell 2000 High Income ETF Company Profile

The ProShares Russell 2000 High Income ETF (ITWO) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index that holds Russell 2000 stocks and sells daily call options on the same index. The fund primarily uses swaps to replicate the buy-write strategy in replicating returns of the sub-index. ITWO was launched on Sep 4, 2024 and is issued by ProShares.